Agave Video games introduced immediately that it has secured $18 million in funding as a part of its Collection A spherical, following a profitable seed spherical earlier this yr. Felix Capital and Balderton Capital co-led the spherical, with E2VC taking part. In accordance with Agave, it plans to make use of the funding to develop its fashionable cell puzzle title, Discover the Cat, in addition to discover growth of latest video games and develop its crew at its Istanbul location.
Discover the Cat is an informal puzzle recreation the place gamers should, because the identify implies, discover the cat. In accordance with Agave, the sport had over 10 million downloads in its first quarter available on the market. Alper Oner, Agave Video games CEO, mentioned in a press release, “This funding permits us to double down on Discover the Cat’s success whereas exploring new concepts that can redefine informal puzzle gaming. We’re excited to take our studio to the subsequent stage by increasing our crew and portfolio with video games that set new requirements inside established genres.”
As acknowledged, the studio is planning to develop new informal puzzling titles to comply with up on Discover the Cat, with plans to launch at the very least two of them within the coming yr. In accordance with Agave, it plans to deal with progressive gameplay mechanics and social options, whereas additionally utilizing a twin monetization focus with in-app promoting and in-app purchases. Baran Terzioglu, Agave’s CPO and co-founder, mentioned in a press release that the brand new video games will “push the boundaries of what gamers anticipate from informal video games, introducing new ideas that we consider will resonate globally.”
Rob Moffat, associate at Balderton Capital mentioned in a separate assertion, “Discover the Cat is an in a single day success two years within the making. Agave have put collectively an distinctive crew and labored tremendous laborious to determine and optimize new genres and produce polished video games. Discover the Cat is simply the beginning, I’m excited to see extra of their pipeline go stay in 2025.”
